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that stand to be the big winners. >>> plus, cnbc's rise above road trip continues. next stop, nevada. jane wells looking at how snaene majority leader harry reid's state is handlingle upcoming fiscal cliff. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of t
in wisconsin and colorado and nevada. he's certainly going to recognize the victims of this storm at the top of his remarks and note that this was a time for democrats and republicans to come together and take care of those victims of the storm. thing the state of ohio, we've seen a little bit different tone from mitt romney this week. he's gotten himself into a battle with gm and chrysler. he said that chrysler is going to shut down jeep production in the state of ohio and scared a bunch of workers in the region. the auto companies have made clear that's absolutely not true. i think we've seen a little bit of desperation in his closing message. >> and we have seen a slight swing for the president in our new swing state polls. i'm sure you saw what karl rove wrote today. in the last days of the presidential race, he says they favor mitt romney. the democrats are making a mistake because they're counting on inconsistent voters who may well not turn out. could turn out be the difference in this election? does karl rove have a point? >> well, i think turnout will make the difference in this ele
have time for just one more question. >> and be curious to know a little bit about her family in nevada. why did he move to california? what were his parents like? >> okay, now we're getting into a tricky area. so father was the son of irish immigrant and he had traveled around as an itinerant without a lot of different things. he was kind of talk to her about the adventures. he had been a minor. her mother was a first-generation german immigrant and her mother had been married before. her mother was -- her mother came over as a child, ended up staying and eventually married a man named vendor. they moved up to test your mother said it was? i think north dakota and he was killed in a flood of fire. actually, i chide very hard to find information about the flood that killed him. i called the archives, spoke to the archivist and really could not find a tremendous amount of information about her mother sirs has been. from that marriage, she did have two children and then she married will ryan and the move to nevada. they make to several dilettantes in nevada and he was a minor. but she has
be curious to know a little bit about her family, in nevada. what did her father do, why move to california? what were his parents like, what were her mother's parents like? >> we're getting into a tricky area. her father was the son of irish immigrants and he had to travel around -- she did a lot of things. he would talk about his good ventures. he had been made minor. term mother was a first-generation german immigrant and her mother had been married before. her mother was -- her mother came over as a child and stayed and eventually married a man named bender. we move to what the code did we decide it was? north dakota and he was killed in a flood up there. actually, i tried hard to find information about the flood that killed him. i called the archives, i spoke to the archivist and could not find a lot of information about her mother's first husband. from that marriage she had two children. than she married will ryan and they moved to nevada, several towns in nevada and he was a minor. she lost one husband to mining and did not want to lose another one. she was constantly putting pressur
that about her family, born in nevada? what did her father do there? why did he move to california? what were his parents like, her mother's parents like? >> okay, now we're getting into a tricky area. so, her father was the son of irish immigrants, and he had traveled around as an itinerant, he done a lot of different things to get it on a merchant ship. he would talk to her about his adventures, and he had been a minor. her mother was a first generation german immigrant, and her mother had been married before. her mother was, her mother came over as a child within and, ended up staying and eventually, eventually married a man named bender. they moved up to what dakota did was decide it was? was? ivory coast north dakota. moved up to north dakota, and he was killed in a flight up there. now, actually i tried very hard to find information about the floods that killed him. i called the archives. i called, spoke to the archivist and really could not find commit is a lot of information about her mother's first husband. from that marriage she did have two children. and then they moved, then she m
'm curious to know a little bit about her family born in nevada. what did your father do their? why did he move to california? what were his parents late, her mother's parents late? >> okay, now we are getting into a tricky area. so her father was the son of irish immigrants and he had traveled around sn -- she had done a lot of different things. he would kind of talk to her about these adventures. he had been a minor. her mother was a first-generation german immigrant and hermit there had been very before. her mother came over as a child with an aunt, up staying and eventually married a man named ender. they moved up to, what decoded to recite it was? i think is north dakota. the debt to north dakota and he was killed in a flood up there. actually, i tried very hard to find permission about the flood that killed him. i called the archives. i spoke to the archivist and really could not find a tremendous amount of information about her mother's first test in. from that marriage, she did have two children. then she married will o'bryan and they moved to nevada. actually so the little towns i
are really flourishing there. out in the west, california, nevada, phoenix, 3 really hard- hit areas, have really started to come back in full swing. market time there is under 30 days in a lot of areas. > > that is really high. they actually have bidding wars going on. > > yeah. a lot of people are really selling things really quickly out there. i like to say if it's priced right and it shows well, pretty much anywhere in the country that it's kind of hotter, it's selling really quickly. > > what do you look at though as anything worrisome? do you feel that we have now turned the corner, or might we still fall back into a housing recession? > > i think some areas we have to worry about are like the rust-belt areas or areas directly correlated with maybe employment. some areas with a little bit of higher unemployment still have a little bit of ways to go. the fact is, if you're not working, you're not going to be able to buy a house. > > so, you're glad you're in real estate right now. for a few years, a lot of people got out of the business because it was so glum. you really are sanguine.
out to the sierra nevadas, some snowfall will be accompanying it as well. as far as temperatures, also on the cool side with clear skies. chicago, only a high of 10, winnipeg minus 8 here going through your afternoon hours. now these temperatures will start to rebound across much of the country into the weekend, getting back to a more seasonable level. over towards europe, high pressure also dominating here. not much going on in central and eastern europe. we have a system just off the coast of portugal, starting to move onshore, will be bringing heavy rainfall. even around the straits of gibraltar, you could be seeing upwards of some very gusty winds as this continues to move overhead. and also into italy, some heavy rain showers here due to a low pressure area continuing to linger. that's going to move to the east into the balkans, bringing heavy rainfall. even in illustrate taly, you co flash floods. last week we had the significant flooding in and around there. also into northern portions of the uk, another area that will have misty rain showers. london with a high of 9, paris with
in florida. poppy harlow is in iowa, ted rowlands is in wisconsin and kyung lah is in nevada. the highest unemployment rate of all of the toss-up rates at 11%. colorado, close to the national average. iowa, my home state, 5.2%. there they havy problem finding workers. ali, where you are in ohio, it's 7%. finally in florida, 8.7%. john zarrella, 8.7% unemployment, is that the co-issue voters will take to the ballot box in florida on tuesday? >> reporter: there's no question about it, chrischristine. they're already taking it to the ballot box. this is the early voting line. tomorrow is the last day for early voting and the line is probably two hours long already here now. the key issue here with unemployment, construction industry very hard hit, particularly new housing starts. the reason for that? there's such a glut of foreclosed existing homes that that supply is still out there to be absorbed. just up the coast, couple hundred miles, kennedy space center, coincidentallily, retiring the last of the space shuttles today, "atlantis." more than 4,000 highly skilled workers lost their jobs
year. barbara boxer of california and majority leader senator harry reid from nevada. bose won reelection 2010. over a year later, in march of 2011 bright source still has no lowe's. bullard send an e-mail to jonathan silver who was executive director of the energy department loan guarantee program, responsible for making sure these loans went through. bullard wanted silver to draft a review e-mail that john brightman, chairman of the board of rights force energy was planning to send to william daley who was then chief of staff to president obama at the white house, quote, and this is from the e-mail, e-mail or call when you can with suggestions. the e-mail stated, quote, the white house needs to focus on finalizing the loan guarantee for what would be the largest solar thermal project in the world. bright source energy's project was conditionally approved more than a year ago and is in the final stages of being completed. we need a commitment from the white house for loan closure by march 18th. at house energy and commerce subcommittee meeting last may, chairman jim jordan sai
and majority leader senator reid from nevada. both won reelection in 2010. over a year later in march 2011, bracer are still had no love. they sent e-mail to jonathan silver who is executive dirt of the energy department phone guarantee program. he was responsible for making sure these loans went through. woolard wanted software to review a draft e-mail that the chairman of the board of bracer synergy was planning to send to william daley, who was then chief of staff to president obama at the white house. and this is from the e-mail. either e-mail or call and you can with suggestions woolard wrote. the e-mail stated the white house needs to focus on finalizing the loan guarantee for what would be the largest solar project in the world. bracer's energy was conditionally approved more than a year ago and is in the final stages of being completed. we need a commitment from the white house for a long closure between allenby india d. by march 18, end quote. a house energy and commerce subcommittee meeting last may, chairman jim jordan said to woolard, quote, you're asking the guy in charge of m
a reality after a nevada company struck an agreement with union pacific railroad last week. they hope to get the train running by late 2013. x, called x for a reason, like, x-rated maybe? don't flash anybody out the train. you might get a ticket. quarter past the hour or almost. stocks now and every 15 minutes. it's a big day for retail, robert. how's the stocks reacting? >> big day, and i'm feeling big here. the gulliver's report. it's kids day here. kids joining me, employees bringing kids out for the day, shortened trading day, but retail stocks in focus, moving higher. the broader market here, and you got stocks like wal-mart and best buy moving higher which is near lows as of late. sears a big winner, macy's up 1%. dagen, looking at gains k almost across the board amongst the major retailers out here, and no doubt, some of the kids will force the parents to take them shopping here as well, and, hey, everybody, tell fox business, send wishes out? >> happy thanksgiving! [cheers and applause] dagen: that just made me smile. that's hard to do. >> it is. dagen: terrific sight. report, thank
, the economy is the most important issue out here. let's look at nevada. it has the highest unemployment rate of the so-called tossup states. 11.8%. colorado's much closer to the national average. it's at 8%. the national average is 7.9%. here in iowa, it's lower. florida, much higher, 8.7%. but iowa has one of the lowest jobless rates in the country. it has for some time, 5.2%. they actually have a problem finding workers. let's go back to iowa where mitt romney is speaking. >> i know most of you here have decided who you're voting for in three more days. but you have some neighbors who haven't made up their minds yet. and so i want to make sure that i give you all the arguments you need to make sure that you convince some of them to come vote for our team. paw rye paul ryan and i want to bring real change to america. so some folks are putting aside the demands of daily life and focusing on this campaign. they want to know what the future is going to hold depending on who becomes the next president. who's going to affect their life and their family's life and who is going to affect the count
when obama took office. up 9% in denver. up 14% in san francisco. in las vegas, remember, nevada, a crucial state here, they're still down nearly 24%. in miami, florida, down nearly 6%. and in chicago, down 10%. the question is historically has a president ever won a second term with falling home prices. the median price of a u.s. home never actually fell before the end of 2006 nationally. sure, there were local and regional home price crashes but never on a national level. now, if you compare october 2012, which is the last month of data we have from the realtors, to october 2008, the median home price nationally, the median, is down 1.4%. but a lot of that has to do with what's selling today, which is a lot of low priced foreclosures and short sales. we have more on this the blog realtycheck.cnbc.com. >> thank you so much. where do housing experts think home prices will be in four years? does it matter who wins as to which way they go? >> chiming in, david of mortgage banking solutions. christopher thornburg of beacon economics and diana will stick around as well. christopher,
about phoenix or nevada, that may be true. >> sales are improving. starts bottomed, construction industry is hiring more people. we're a long way from where we were in 2006 but there's definite signs of bottom coming off the market. >> i don't see it yet. >> the fed chairman said we weren't out of the woods. we'll leave that debate where it is for a moment. rick san tell sli in chicago. >>> thank you very much. if you look at intraday of 10s, we're only a basis point under unchanged but well off our high yields of the day. a lot of this is israel. might not be affecting oil but it is most definitely affecting traders and safe harbor trades. looking at august chart, can you clearly see where two-month low yields on the verge of maybe three. same could be said for the 30-year long bond. now let's switch gears a bit. when it comes to what's going on in the marketplace, maybe we better pay a whole lot of attention to what's going on with the dollar/yen. the dollar's rallied almost 2.5% just in the last two days. you could clearly see these are the best levels in the dollar since apri
, young people flying to arizona, to nevada, working side by side to build this country back up. not just hard infrastructure, but working in day care centers, child care centers. this could be a generation-defining thing that would be more economically efficient than putting people back to work. >> just to take all the toy out of the idea of us think being a progressive future. the reality is the last time that we did an attack on the economic problem, the economic crisis, governors were given money, right, in the stimulus. but what did most of them do? they reduced their public sector work force. most of the job decline has been because governors, states directly -- >> so did the federal government. >> but wait, wait. that was after the stimulus money wore out. the stimulus money that was given to states and local governments, about $240 billion kept local -- public servants at work, kept governments from laying off people, kept governments fixing the potholes. and that wore out, we didn't replace it. >> but at the federal level, we had also reductions in the federal work force. we're g
are investors taking a gamble in nevada? >> there's not a lot of confidence out there now. rise above road trip, continuing coverage throughout the day on cnbc. >> welcome back to "squawk on the street," as we count down to the breaking news due out at the top of the hour, impending home sales are down. the price target now stands at 16 bucks a share, they are optimistic as we come to the january launch of blackberry. don't take into account the positive tail wind that blackberry will have. we have had a number of analysts out there recently who have raised their price targets as well as estimates and ratings. >> okay, let's get some breaking news now, on home stats. >> good morning, simon, we're here outside bankruptcy court in white plains new york for the latest in the saga of the hostess bankruptcy. liquidation, now the courtroom is reconvening to hear arguments about whether some 19 hostess executives should be getting a retention payout of $1.75 million, these so called bankruptcy bonuses. the interest is not necessarily the amount of the payoff going to the executives, but the fact that
properly. those states include nevada, kansas, north carolina, colorado, missouri and ohio. >> reporter: we are in cuyahoga county, downtown cleveland. they have a long history of problems including missing votes and missing voting machines. we were her voting on the acorn scandal. freddy johnson told me he was registered to vote by acorn 73 times. turns out he was just the tip of the iceberg. two election officials were convicted of rigging the 2004 presidential recount. the 2006 voter cards and voting machine keys were lost. employees took vote magazines home to test them and taxi drivers transported the memory cards from the polls that held all the votes. >> there was a systemic break down in 2006. but if we are evaluating the situation as of today in 2012, i think it is fair to say that that systemic breakdown did not reappear in 2010. >> reporter: officials insist they overhauled the procedures with new guidelines. no more taxi cab drivers. sheriffs take them from the polls accompanied by a democrat and a republican official. >> reporter: have you seen acorn-type problems now? >> no, w
't told us whether anyone was hurt. >>> nevada man is facing kidnapping charges after being accused of taking a 16-year-old girl to las vegas for serks. the man was arrested tuesday at his home. police say the investigation started in september when he and two other men were found in a car with the girl in las vegas. the girl's mother told the police her daughter had run away. he is on probation for a prior child pornography case. >>> a story that has a lot of people talking this morning. a convicted sex offender is caught volunteering at an event at a san jose elementary school, and is not arrested. >> reporter: school just began at st. francis catholic school, so we ran into a lot of parts, and nobody new that a registered sex offend did he ever was allowed -- -- offend devin was allowed to be here. one parent recognized the man as a sex offender and told a deputy who was working security. he had a letter from a church officials stating he had permission to be at the school. of the sheriff's department says he was not arrested because under california penal code, a registered sex
he is talking to. the two interviews in iowa, colorado, nevada, washington, d.c. that will be virginia interview for him. same going on with the romney campaign. they are actively campaigning all the way up to the very end here. there is sense of optimism among the obama campaign. they say they have had small yet consistent leads in many battleground states. they think it will carry them through the night. they're putting the final touches what will be the election night party here at mccormick place, the convention center in downtown chicago. president obama will be here later this evening. they hope this party will turn into a celebration. we'll know in a few hours whether that is true or not or whether this will go on the next few days. back to you. lori:. tracy: rich is from new jersey. he has the skepticism about him. >> oh, yeah. tracy: i'm so skeptical. i think we have a week before we know. what do i know? >> i packed enough for about a week, tracy. brought a lot of ties with me. tracy: not just the sicilian thing. new jerseyians in general we're skepti
, going to arizona, going to nevada, going places where it is more tax friendly. this state is becoming a state of the haves and the have-nots. and it's not going to get any better at all. stuart: they won. i mean, that proposition 30, the tax increase won by a huge majority. president obama won the state by a 20 point majority. promising to tax the rich some more. what's going on -- what's going on? explain it to me. how can this be? >> i can tell you, there's absolutely no leadership in the republican party in the state of california, none at all. no leadership back in washington, d.c. in the republican party back there. there's no voice. there's no message. there's nothing to combat the message of the democrats of inclusion. the republican party has become the party of exclusion, not inclusion. they talk about ronald reagan, but they don't embrace who ronald reagan was. when you don't have a clear message and there's not a message of inclusion, it's only exclusion. if you're hispanic or asian in the united states of america, what you think of the republican party is they want to get
getting a boost from china chinese buyers are grabbing holmes a california and nevada by foreclosed homes but some are luxury residences. chinese buyers accounted for 74 billion the sheer the second largest foreign buyer of loathsome the country. the mexico plan from the peanut butter recall has been shut down. the breeding ground from seven outbreak the fda noted there was a history of violations that led to the decision and" end quote. vacation index brings good news. prices are up 1.1%. there of 20% from one year-ago. las vegas is up but they're still below the 2000 levels. he would be fired with any other line of business. why is two 1/2 minstar still on the show why he called it fills? dennis: the winners and losers and how you can profit. >> we have some names moving on the nasdaq. [ male announcer ] you are a business pro. governor of getting it done. you know h to dance... with a deadline. and you...rent from national. because only national lets you choose any c in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ mal
by 58% to 40% in florida, 87% to 10% in colorado, at 80% to 17% in nevada, and 60% to 31% in virginia. we will go to one of the swing state in this election now. -- a swing states in this election now. caller: i love the statement that he made about self deportation. absolutely right. that is basically what the gop party is doing, not just to latinos, but everyone else. it is basically 47%. one of the things i would like to mention -- i wrote this over 20 years ago -- we had 36 men in mexico who controlled 54% of mexico's gross national product. how much can they need to buy? i am sick and tired of the 36 men in mexico -- the number of men in the united states, canada, central america, south america, europe and asia, etc., whose lust for more greed and power is destroying the entire planet for man and beast. that bothers me. i feel that they spend their lives living off a bus. -- off of us. as long as we obey their roles, everything is ok. -- off of us. as long as we obey their rules, everything is ok. guest: i think that oftentimes, the process that is taken in -- to having a greater
will remain in contact with them while he is traveling here today to wisconsin, also to nevada and colorado and that he will be doing conference call with his local officials from areas where the storm has hit. as you know, air force one is equipped so that he can stay in constant contact while he travels, carol. >> what do you think his tone will be out on the campaign trail today? >> reporter: i think we've seen a little bit of a break, obviously, from a lot of the harsh back and forth. but we're going to start to see it ramping back up. i do know from a campaign source that when president obama comes here to the airport this morning in the 11:00 eastern hour, he will be talking about the storm at the beginning of his remarks, but he's also going to be making his case for why he should be re-elected. we'll be seeing him re-entering into the political fray and certainly we'll be seeing things heating up again going into election day. when you look at wisconsin, this is a place where, obviously, it's key. it's a battleground state. president obama has had a small lead. and he needs to maint
year but probably safely in the obama camp. the one place you might want to look here, nevada, florida, north carolina and virginia. those are all potentially in play because they had some improvement in the unemployment rate and if that had not been there, they might have been for romney. i would like to give you a definitive answer. you have the level of unemployment and you have the change. that's what makes this a horse race, simon. >> it's fascinating to see that the way you slice and dice going into the election whether it's turnout or amazing. steve, thank you very much. as the race for the presidency enters its final lap, what about concerns of small businesses? we'll put them on the television next going straight to the source and sitting down with co-founder and co-ceo of warby parker. they make glasses online and they'll open the first store in manhattan very soon. see what they have to say. interesting take. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores
know, nevada went obama and then missouri and then it was the final projection because of ohio, right? >> because of ohio. missouri went for governor romney. as you watched early on, you knew coming in that governor romney had a harder path to 270. you knew he needed this. we haven't called that yet. the president is leading now. it is blue on this map because that is the vote total. you knew he needed this, he needed virginia and ohio and somewhere else. as we watched the vote results come in, we could start here in ohio, a point early on, if you look at this, look at the map, you say look at all that red, the republican had to win. but you look up here and you asked me earlier about surprises, one of the surprises was it came in, where it came into play, was the obama campaign did exactly what it said it would do. without a primary challenge, it spent months and millions saying let's find all these african-american voters in cuyahoga county, key place in cleveland, have their names, their contacts, turn them out and they did. 69 to 30. running for re-election as an incumbent in a ba
and made sense he would go up and buy up single family homes. he'd do it in florida, arizona, nevada, that was the argument. >> i think the mortgage market has to come back for the residential end user but i'd buy some land divisions, lot developments that will make sense over the next couple of years. >> behind the curtain of the commercial business. >> steven and i were talking a minute ago about retailers and e-commerce and we see a big impact from e-commerce when we buy a shopping center, we have to pay attention to our cost basis so that retailers who come in and occupy that space will have the ability to compete against e-commerce and do well and protect their profit margins so we're seeing retailers absorb. >> can they get there? >> they can. >> because they'll always have that nut. >> it depends what retailers. >> and the internet price is going to pivot off the bricks and mortar price. >> it depends what retailers. some soft goods. you look at the auto parts retailers and the dollar stores, those are neighborhood locations that just cannot be replicated via e-commerce so som
for fundraisers in that year. what are we doing when we have the president running around? as i recall the nevada event after libya was a fundraiser. this is the fourth of his time in office is this election year and a spinning in a fundraisers. romney skeen skeen videotaped it is fundraisers talking about the 47% in a private room with people that's what they want to hear. that's who he's meeting with all the time. so this is a problem for both sides and were going to see the pressure in the house and senate races. >> we only have a minute left, but it does to hear if there is an action of some sort taken to compel disclosure or the higher degree of independence for whatever measures the face. the vision of the future two, three, four cyclists on the road butter politics is going to look like. you were describing a minute ago the growth of the party structure composed of these sorts of organizations of the old structure commotions already withering away come in ap completely deteriorated or what you think running a campaign would be by? >> crossroads is a perfect republican party, doing a lot of
rubio is leading this fight and we have governor martinez and mexico and the governor in nevada. these are people better leaders in the party right now. so they can act with what our beliefs are. they generally connect with what our beliefs on this issue of immigration in the last eight to ten years has become for third real politics in the country where you don't want to talk about it. when mitt romney was asked about immigration, it was like a very awkward he talks about immigration and that is what our party needs to talk about. >> just a couple ground rules we ask that you wait for a microphone to come around and that you state your question in the form of a question. as we have a question right here and then we will go over here. >> there seems to be disagreement on the panel about whether there will be the way to go forward or not and from the assimilation view this is a good way to work they can come in legally and we can take some strain of the black market entry and provide businesses with what they need. it seems like most immigrants throughout the history of the unite
leader, the senator from nevada. >> the eyes of the world have been watching washington this week very closely. while they witnessed a lot of political wrangling, they also saw congress make some historic important decision and developed a -- developed. our country was literally on the verge of a disaster. was on the brink of a disaster. we were able to avert that disaster. i feel it's important -- could we have order, please? >> the senat will please come to order. we welcome to all our visitors. i want to remind you that the you are to be quiet under senate rules. >> i appreciated that he has stated on the floor. i've gotten to know him and speaker boehner especially the speaker. yet, it's not what the product we have here. the product we have here is one of compromise. winners. we're not trying to outline who the winners are. it's the american people. eso did my friend but that's the way legislation works that's the way compromise works. i can't let go who spoke about the new senators and the new members of congress who came here. i welcomed them all. but a result of the tea party d
ohio, wisconsin, nevada, that mitt romney cannot get to 270 electoral votes without taking a very, very unlikely state away. so this is a very important place, just as ohio is important to president obama, and the closing argument that mitt romney is making is the one that has been his go-to for the entire year, which is look at the record, look at what barack obama said he was going to do, look at what he's done while the president is trying to make a recovery case, we're on the right track, the mitt romney argument is we haven't gotten where we need to go and he's going to be making that all weekend. >> people on the floor trying to look at the effect of the storm and the recovery on tuesday. is it possible that because in the northeast states that are normally blue, have lower turnout, the president actually does win on the electoral vote but the governor wins on the popular vote? >> reporter: that is possible. it's very -- you have to say it's very unlikely by looking at history at how few times that's happened. but we have an extremely close popular vote race to judge by the nation
lengthy discussions with the democratic leader harry reid of nevada, as well as former majority leader and my good friend george mitchell of maine on this very question. i came away from these conversations reassured that my independence would be respected, and that no party line commitment would be required or expected. and so i have decided to fill eight myself with the democratic caucus because doing so will allow me to take independent positions on issues as they arise and at the same time will allow me to be an effective representative of the people of maine. one final word. by associating myself with one side i am not in automatic opposition to the other. i'd like to repeat that. by associating myself with one side i am not in automatic opposition to the other. in the situation of a republican house, a democratic senate but with substantial powers residing in the minority and a democratic president, no one party can control the outcome of our collective deliberations. as bill clinton might say, it's just arithmetic. in fact, this situation of a divided government has only two pos
and keep on going. in nevada they made up 40% of october sales up from 34% a year ago. that according to lps home price index. now bank of america alone has done over 100,000 short sales so far this year. and i spoke to a rep there who says they are well aware of the potential looming tax risks as are their customers. they say they would love to ramp up short sales but they're already doing them as fast as they can. i ask what happens if the tax relief is not extended? the source told me i would expect we start to get more customers saying i've talked to my tax adviser and i'm going to opt out of that short sale and we'll just take it to foreclosure. and, carl, that is exactly not what we want to hear as this housing recovery is really just gaining steam. >> wow. in your opinion diana would we start to see that, the impact in sales of existing and starting in january? >> well, starting in january you would start to see those short sales go away and that would mean more homes would go to foreclosure. short sales have really been saving this market keeping people out of foreclosure and
and should be a good one to watch is nevada. yet another presidential battle ground state. i think at this point, people think obama has a little of an edge there, but the republican, dean heller, has shown ability to get democratic voters, and people think he'll run ahead of mitt romney likely in the state so that's a state where, you know, ticket splitters could actually make a difference in the senate race, and that's been just an incredibly close senate race as well. >> anything that would surprise you coming out of election night? >> i think at this point, although people thought republicans would gain the senate, at this point, i think republicans actually picking up the four seats they need to gain senate control would surprise me. you know, this just had a few different things work against them. obviously, there's been flawed candidates, todd akin in missouri, and richard murdoch, races they were expected to win, and now they both look likely, or especially missouri, looks more likely as a democrat pickup, and so, yeah, basically, just i think it looks more likely that the
've got governor martinez in new mexico. we've got brian sandoval, governor in nevada. these are people who are leaders in our party right now, right now. so they connect with what our beliefs are. they generally connect what our police are but this issue of immigration i believe in the last eight to 10 years has become third world politics in our party. where you don't want to talk about it. when mitt romney got into debates about immigration it was like very awkward but he's like what i do with my hands, you know? we've got to talk about. that's what marco rubio leads the charge of every time he talks about anything he talks to immigration, and that is what our party needs to talk about. it's an issue we can't avoid. >> we're going to go to the audience here. just a couple ground close to ask that you wait for a microphone to come around. and that you state your question in the form of a question. so we have a question right here and then we'll go there next. >> hi. outlooks from the cato institute. there seems to be some disagreement on the panel about whether guestworker visas are g
on doors >> i think that is a good thing. the people in ohio, virginia, florida, nevada -- they took this election enormously seriously, understood the unique role they had to play. voters in battleground states understand they have a unique role a lot of us the citizens united to enjoy because they are not and state that will determine the president. >> the super pac's dynamic this time was obviously new and unprecedented. you had senate candidates -- sherrod brown in ohio had $40 million spent against him by super pac's. we had in the last week of our campaign $100 million spent against the president. that is more than the mccain campaign spent in its entirety. remarkable thing. a lot of senate candidates still one. but in house races it had an impact. barack obama, sherrod brown, governors -- they have definition. the spending is a little less nefarious. it's still tough to deal with, but you are not somebody who is now and then somebody drops $4 million on your head will have an impact. we have never seen spending like this. there is a term in politics called gross rating points,
this fight. we have governor suzannia martinez in new mexico. brian sandoval, governor in nevada. these are people that are leaders in our party right now, right now. so they connect with what our beliefs are. they generally connect with our what our beliefs are but this issue of immigration, i believe, in the last eight to ten years has become third level politics in our party where you don't want to talk about it. candidates, when mitt romney got asked in the debates about immigration, it was like very awkward. he was like what do i do with my hands. we got to talk about it. that's what marco rubio leads the charge on. every time he talks about anything, he talks about immigration and that is what our party needs to talk about. can't be issues we avoid. >> we're going to go to the audience here. a couple ground rules. i ask you wait for a microphone to come around. and that you state your question in the form of a question. so we have a question right here and go there next. >> hi, i'm from the cato institute. there seems to be some disagroment on the panel about whether guest
, and for that, we have them to thank. >> the majority leader from the senate of nevada. >> the american world has been watching washington very closely. they witnessed a lot of political wrangling and they also saw congressmen make historic and important decisions to avoid default on debt. our country was literally on the verge of disaster. one day left, we were able to get together and avert the disaster. this compromise that we have reached is not perfect. i feel it is important -- can we have order, please? >> n.v. said it will please come to order. we welcome all our visitors and a disturbance is prohibited under the senate rules. the majority leader may proceed. >> i appreciate the kind words that my counterparts have said on the floor. i have gotten to know him and speaker boehner better over this past month. even though i disagree with the direction the legislation took with no bipartisan support of all, it is not the product that we have here. it is not trying to outline to the winners are, the winners are the american people. we settled for less than we wanted and so did the republic
. >> callerare you there? we will try paul and boulder city nevada back your democrats line. paul, hello? >> caller: thank you for c-span. watching the president's comments, he's not going to take a hardline on whether the attacks which are going to go back to the clinton era. i don't understand why this president is not, i mean, as before, i hope we're not seeing a repeat, you know, the progressives and liberals really push him over the line along with labor. you know, he's got to take a stronger stance because the republicans, mitch mcconnell and cantor and boehner, they are not, you know, really acknowledging that the people have sent the message to them. that they want this president agenda, and they want them to work together. they are not acknowledging that. okay, i understand what he's trying to say to take your of the middle class first, but as far as i'm concerned, you know, 39.6%, you know, is more than reasonable. i think after they've had almost 12 years of tax breaks and 300% growth in the last 30 years in the upper 1%, i think they ought to be paying maybe 40%. >> host: pau
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